FTMM and Treet Packaging Limited Extraordinary General Meetings in Lahore on 30 March 2026

First Treet Manufacturing Modaraba (FTMM) and Treet Packaging Limited (TPL) will hold extraordinary general meetings on 30 March 2026 at 72-B, Quaid-e-Azam Industrial Estate, Kot Lakhpat, Lahore, to consider a scheme of arrangement involving the two entities.

The meetings have been convened pursuant to the Lahore High Court proceedings bearing reference 64781/2026, under Sections 279–283 of the Companies Act, 2017, read with Section 505(1)(c). The court order dated 23 February 2026 directs the meetings for consideration and approval of the proposed scheme.

Special Business

Members and certificate holders will consider and, if thought fit, approve the scheme of arrangement for restructuring and the proposed swap between FTMM and TPL, with or without modification. Approval will be sought through a special resolution, subject to the applicable statutory requirements and sanction of the Lahore High Court.

The explanatory statement under Section 281(1)(a) of the Companies Act, 2017, together with the scheme and the proposed special resolution, forms part of the meeting material. The scheme may be inspected at the registered office between 9:00 a.m. and 5:00 p.m. Copies may also be obtained from the registered office without charge.

Attendance and Proxies

Members and certificate holders entitled to attend and vote may appoint a proxy to attend and vote on their behalf. Proxy instruments must reach the registered office at least 48 hours before the relevant meeting. Corporate participants must provide the appropriate authorization or board resolution for their representatives.

The transfer books will remain closed from 24 March 2026 to 30 March 2026, both days inclusive. Transfers received in order before the book closure will be considered for determining entitlement to attend and vote. Proxy forms accompany the meeting material and are also available through the FTMM website.

Participation by Video Link

Participants wishing to attend through video link should send their registration particulars to [email protected] at least 48 hours before the meeting. The following particulars are required:

The meeting access details will be communicated to registered participants.

Identification Requirements

Individual participants must present their original computerized national identity card or passport. CDC account holders must also provide their participant identification and account particulars. Representatives of corporate entities must present the authorization or board resolution appointing them, together with their identification. Proxy holders must comply with the applicable identification and authorization requirements.

Electronic Voting and Postal Ballot

Voting on the special business will be available through electronic voting and postal ballot under the Companies (Postal Ballot) Regulations, 2018. Details of the electronic voting service provider will be made available at www.ftmm.com.pk.

Electronic voting credentials and instructions will be sent to eligible members and certificate holders through their registered email addresses or mobile numbers. Participants should ensure that their contact particulars are updated with the relevant share registrar or CDC account provider. Electronic voting is subject to identity verification.

The postal ballot form is available at www.ftmm.com.pk. Postal ballots should be sent to the following contacts:

The ballot signature must match the signature on the participant's CNIC. For a corporate entity, the ballot must be accompanied by the appropriate authorization and identification of the authorized representative. A vote once cast cannot be changed.

Financial Statements

In accordance with Section 223(6) of the Companies Act, 2017, and SECP S.R.O. 389(I)/2023 dated 21 March 2023, FTMM's financial statements for the year ended 30 June 2025 are available at https://ftmm.com.pk/investor-information/financial-reports/.

Conversion of Physical Securities

Holders of physical securities are advised to arrange conversion of their holdings into book-entry form through a CDC participant or investor account, in accordance with the applicable requirements. The notice refers to CDC correspondence CSD/ED/Misc./2016-639-640 and Section 72 of the Companies Act, 2017.

CDC account holders and their proxies must also observe the applicable identification and participation requirements, including the SECP instructions referenced in the notice and Section 185 of the Companies Act, 2017.